New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-15

To-day there was offered to the Treasury $4,000
m per TIC Se& s p5ss' at
OF which $3.50 600 were offered by New York por-
at os VICE equivalent The
bonds presented at subrreasuy will DO paid for to-
had their 1sS ia sSfa 'o'da9 far q: q.
%saods 10 dspr.ss Values %i Explain hsm
selves Early Waist news agency sent out the fol-
DAYS at osa at 30 and Government bonds have been
turned at 80 for sixty days at per cent" half hour
rection-In No 10 the word Government bonds turned
A C II. rsa 10
that Is, that commission of SOFA per cent In addition
is within the range OF possibilities but the substitution
OF good" for Governments at so" destroys the whole
scope for the ina ginaon; It is comparative term, aud
4 may mean bond selling at 10 or l33 while every one
at IOs at which price the Treasury to-day purchased
s4.l99,90o The whole publication was AS silly as it
Another statement published was the following: "Ths
gained go ON s sa.
that today. Treasury statement Of It's net cash,
Ssr aud something Tx. 900 Of foreign gold Do
posted In the Assay ONCE the payment FOR which
nston. shows gain Of 1920 900 since September /.
and the Treasury IN the same time "a. distributed ron
ing for the silver coinage and for the payments of for
sign gold yet to be reported inc Zoo d IRE
than they were September l. II the Treasury
had accumulated money at the rate certain people
have been saying for six months that II
doing. It to-day would hold nearly ali tho money
there in the country IL would be unchsrabls TO A.
tribute these continued Interpretations OF the roas
urys balance ignorance Tho trouble with the money
market lies with the which has taken possession
Of the New York bank officials.
The las, rumor given out and the one which accom-
panied the latest depression In stock values that
" the Baltimore and Ohio deal all of" aud that
the Associated Press had made higher bid than the
plant The two stories sprung the market at
late hour and when IL WAS In such feyerish condition
that green cheese would have PASSED current for
harvest moon. 49,
Tue sales Of stocks amounted only to SOC 49l shares
but the lgurss OF the day at the opening and
about the lowest At the close. IL WAS
mysterious market all day. and few persons
matter what their speculative proclivites were.
solved the problem TO thsr satisfaction Al the opening
orders each for 5000 shares followed each other
sell Wescrn Union. Under this suddea pressure aided
by traders $500 shares recorded Ia the
first twenty minutes of business 1T from 7s4
and every messenger boy In the BOARD
could the question; who sold the stockf But
the careful observers among the BROKERS could aot
tell who had purchased It. In hyo minutes the stock was
duh and the purchasers whoever they were were DOT
present watch Its movements ruled at 76'ss77ss
referred to above its price fell to 76a76ie
The entire market was worked In sympathy
with Western Union all day. stocks for the SHORTS"
aud for account or limited Longs were poured out
strongest the list and closed only s. below lite opening
In results and aspects the days market the
parallel OF that OF about month ago. when western
Union by similar methods pushed fron 73 TO 69i9
and other stocks followed The market closed excited az
about the lowest prices
Government bonds dull and weak Bids were od
a for the As and 4i2s Annexed the closing
quotations.: